#空投防骗手册 , but next up is the Federal Reserve meeting, and the key is still to see Powell's attitude in his speech.
Let's talk about our situation, there are a few core data points:
First, the deficit rate is set at 4%. Previously, we mainly had it at 3, marking the first increase in the deficit rate in recent years. To explain, this means the government is willing to take responsibility, which means they are willing to inject liquidity.
Second, the inflation data is set at 2%. Previously it was 3, but now the CPI each month is around 0.x, making the target of 3 too distant.
This adjustment of the target is a positive sign, indicating that the higher-ups have recognized and are facing the issues. It's a very significant positive.
Third, issuing 1.3 trillion in special government bonds, which is slightly less than the market expected, but there is one point worth noting: this time, 500 billion was issued to support state-owned large commercial banks in replenishing capital.
There are rumors about saving the banks, and this wave has landed. Why do banks, which make such large profits every day, still need bonds? Because while banks are profitable, they also bear the huge burden of real estate. Saving real estate is too challenging, so it's better to support the banks as a backup.